Real Mallorca President Jaume Cladera says the sale of the majority of shares in Los Bermellones is now no longer a priority.
The Islanders were forced into voluntary administration in May 2010, but an agreement to award the club’s media rights to Grupo Prisa has meant a significant injection of cash.
“Things have changed with this agreement because it has ensured an income of €20m for the next three years and that is what we wanted, an injection of extra capital,” Cladera told a Press conference.
He also revealed that an offer to buy the club at the end of August by German company Utz Claatzen had been rejected.
“Again, the sale of the club was something that worried us before the broadcasting rights agreement, but not now because we are much more relaxed,” explained Cladera.
Mallorca’s main shareholder is former boss Lorenzo Serra Ferrer – who also acts as director of football, – with 53 per cent, followed by Pedro Terrasa on 25 per cent and Utz Claasen with 20 per cent.